Producer Prices in Armenia increased 1.20 percent year-on-year in May 2019, up from a 0.6 percent rise in the previous month. On a monthly basis, producer prices decreased 0.7 percent, after falling 3.5 percent in the previous month. Producer Prices Change in Armenia averaged 2.94 percent from 2013 until 2019, reaching an all time high of 12.50 percent in December of 2014 and a record low of -7.70 percent in December of 2015.
Producer Prices Change in Armenia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Armenia to stand at 4.20 in 12 months time. In the long-term, the Armenia Producer Prices Change is projected to trend around 3.00 percent in 2020, according to our econometric models.